Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules.

Market Close: After Active Day, Munis End Steady

The tax-exempt market ended the week busier than it started as the majority of the week's largest deals priced in the primary and the European Central Bank's new bond buying program spurred global fixed income markets.

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